Comparative financial statements for Weller Corporation, a merchandising company, for the year ending December 31 appear below. The company did not issue any new common stock during the year. A total of 700,000 shares of common stock were outstanding. The interest rate on the bond payable was 10%, the income tax rate was 40%, and the dividend per share of common stock was $0.75 last year and $0.40 this year. The market value of the companys common stock at the end of the year was $25. All of the companys sales are on account.

Weller Corporation Comparative Balance Sheet (dollars in thousands)
	This Year			Last Year
Assets
Current assets:
Cash	$	1,270		$	1,310
Accounts receivable, net		10,200			6,800
Inventory		13,000			11,900
Prepaid expenses		680			670
Total current assets		25,150			20,680
Property and equipment:
Land		10,500			10,500
Buildings and equipment, net		42,338			40,909
Total property and equipment		52,838			51,409
Total assets	$	77,988		$	72,089
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	20,100		$	19,400
Accrued liabilities		1,090			880
Notes payable, short term		300			300
Total current liabilities		21,490			20,580
Long-term liabilities:
Bonds payable		8,100			8,100
Total liabilities		29,590			28,680
Stockholders' equity:
Common stock		700			700
Additional paid-in capital		4,000			4,000
Total paid-in capital		4,700			4,700
Retained earnings		43,698			38,709
Total stockholders' equity		48,398			43,409
Total liabilities and stockholders' equity	$	77,988		$	72,089

Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands)
	This Year			Last Year
Sales	$	68,000		$	65,000
Cost of goods sold		40,000			34,000
Gross margin		28,000			31,000
Selling and administrative expenses:
Selling expenses		11,400			10,100
Administrative expenses		6,600			6,600
Total selling and administrative expenses		18,000			16,700
Net operating income		10,000			14,300
Interest expense		810			810
Net income before taxes		9,190			13,490
Income taxes		3,676			5,396
Net income		5,514			8,094
Dividends to common stockholders		525			525
Net income added to retained earnings		4,989			7,569
Beginning retained earnings		38,709			31,140
Ending retained earnings	$	43,698		$	38,709

Required:

Compute the following financial data and ratios for this year:

1. Working capital. (Enter your answer in thousands.)

2. Current ratio. (Round your answer to 2 decimal places.)

3. Acid-test ratio. (Round your answer to 2 decimal places.)